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our photographer just saw him go into harry reid's office. he's currently meeting, i don't know, one-on-one, or maybe with other members of the senate democratic leadership in the office of senator harry reid, which is just around the corner from where i'm standing right now. you see this crowd of people behind me. those are reporters waiting to see if the vice president is going to come through because he's eventually going to come through he and meet with all of the senate democrats for the meeting you were talking about with the senator. sounds as though they're doing a little talking about -- a little bit of a game plan about how they're going to present this to the caucus, and obviously, that's a very delicate issue for reasons we have been talking about. the democratic caucus, many of them are not happy. in fact, i have to tell you i was told by one democratic senator when they put up on a screen, they put up yesterday in a meeting that democrats were having, they put up almost like a power point, i believe, some of the aspects of the p
our photographer just saw him go into harry reid's office. he's currently meeting, i don't know, one-on-one, or maybe with other members of the senate democratic leadership in the office of senator harry reid, which is just around the corner from where i'm standing right now. you see this crowd of people behind me. those are reporters waiting to see if the vice president is going to come through because he's eventually going to come through he and meet with all of the senate democrats for the...
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Dec 30, 2012
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harry reid's comments that you played earlier. it does not look like the democrats are going to budge on the chain cpi. they've publicly taken a stand against it. ironically on the same day where barack obama noted that he was in favor of perhaps agreeing to chain cpi as part of a bigger deal. so from what i can tell, the chain cpi is off the table for democrats. if that's not enough for the -- if that's a must-have for the republicans, then we're not going to have a deal. >> i'm going to interrupt you, we're going to keep tracking this story together. >>> coming up next, a man you're not seeing on tv, he's playing in the background. he may be the most feared man in washington and he doesn't even hold office. >> if i went and became a tibetan monk on the top of some mountain somewhere, the american people would still, they were against tax increases long before i was born. the whole tea party thing predates me. >>> grover norquist on the fiscal cliff showdown and why politicians won't back down from signing his anti-tax pledge. so
harry reid's comments that you played earlier. it does not look like the democrats are going to budge on the chain cpi. they've publicly taken a stand against it. ironically on the same day where barack obama noted that he was in favor of perhaps agreeing to chain cpi as part of a bigger deal. so from what i can tell, the chain cpi is off the table for democrats. if that's not enough for the -- if that's a must-have for the republicans, then we're not going to have a deal. >> i'm going to...
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Dec 29, 2012
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senator reid says he is awaiting good faith proposals from the republicans. president obama said after the meeting he is modestly optimistic a deal can be reached. and an extension of long-term unemployment benefits. and that's of course for the long-term unemployed as well as what's known as a dock fix which has to do with medicare payments to doctors. that's where we are. we don't expect anything big in the next 24 hours, but this is after all washington. right now, it's time for piers morgan tonight. >> tonight, tyler perry is a successful writer, director, actor. >> she told me you're the best interviewer in the world, so i'm worried. >> his movies have grossed over $600 million. >> it means i get to reinvest in what i do and i'm able to hire a lot more people. >> and he knows how to wear a dress. have you ever thought you were going to be world famous for cross dressing. >> never in a million years. even the first time i did it, i didn't think it would last as long as it did. >> the greatest gift in my life is what my audience has given me. >> and she's
senator reid says he is awaiting good faith proposals from the republicans. president obama said after the meeting he is modestly optimistic a deal can be reached. and an extension of long-term unemployment benefits. and that's of course for the long-term unemployed as well as what's known as a dock fix which has to do with medicare payments to doctors. that's where we are. we don't expect anything big in the next 24 hours, but this is after all washington. right now, it's time for piers morgan...
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Dec 29, 2012
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the pressure is on for senate majority leader harry reid to cobble together the deal. minority leader mitch mcconnell to ensure no republicans block the bill. for house speaker john boehner to agree to bring it to a vote on the house floor, and leader nancy pelosi to produce the huge number of democrats needed to pass it. but if that plan falls through -- >> then i will urge senator reid to bring to the floor a basic package for an up or down vote. >> the president's basic package has much more for democrats to like. so don't expect that to get very far. but all sides now agree the senate must first pass a bill before the house makes any kind of move. so all eyes will be on mitch mcconnell and harry reid and their negotiators holed up on capitol hill. the senate comes back into session at 1:00 on sunday. >> jessica yellin, thanks. >>> and with the pressure now squarely on the senate to fix the fiscal cliff, they will lead the talks this weekend. a period of time reid calls, quote, very important, mcconnell says he's hopeful both sides will have a plan to present to the
the pressure is on for senate majority leader harry reid to cobble together the deal. minority leader mitch mcconnell to ensure no republicans block the bill. for house speaker john boehner to agree to bring it to a vote on the house floor, and leader nancy pelosi to produce the huge number of democrats needed to pass it. but if that plan falls through -- >> then i will urge senator reid to bring to the floor a basic package for an up or down vote. >> the president's basic package...
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Dec 29, 2012
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senator reid said he's awaiting good faith proposals from the republicans. president obama said after the meeting that he is modestly optimistic a deal can be reached, but as you can hear from senator reid, the president asked that if a deal between republicans and democrats cannot be reached, then the president wants just an up or down vote on what he wants, which is quite simply no income tax rates going up for people making $250,000 and under. and an extension of long-term unemployment benefits. and that's of course for the long-term unemployed as well as what's known as a dock fix which has to do with medicare payments to doctors. that's where we are. we don't expect anything big in the next 24 hours, but this is after all washington. so stay tuned right now, it's time for piers morgan tonight. >> tonight, tyler perry is a successful writer, director, actor. >> she told me you're the best interviewer in the world, so i'm worried. he is also an entrepreneur, with his own movie studio >> his movies have grossed over $600 million. >> it means i get to reinv
senator reid said he's awaiting good faith proposals from the republicans. president obama said after the meeting that he is modestly optimistic a deal can be reached, but as you can hear from senator reid, the president asked that if a deal between republicans and democrats cannot be reached, then the president wants just an up or down vote on what he wants, which is quite simply no income tax rates going up for people making $250,000 and under. and an extension of long-term unemployment...
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Dec 30, 2012
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are expecting to hear from republican leader mitch mcconnell, maybe even senate majority leader harry reid, as of now so far as we know there is no fiscal cliff deal, but negotiations primarily betweens those two men are going on even as we speak or between their staffs. we're hearing a new sense of optimism from some senate members who believe they might be able to pass some kind of minimalist package that would keep tax rates from going up on the majority of americans. i want to go to capitol hill and cnn's senior congressional correspondent dana bash. dana, is that the sense you get that somehow we should be optimistic about whatever it is that's going on? >> you know, as we talked about before, you definitely get a feeling or the atmosphere here is that there is progress being made but in the same breath, but, there are still thingsing to worked out. as we wait for what we generally see when the senate opens which is the pledge of allegiance, a prayer and so forth, if you see the bottom of your screen, i'm not sure if you can see it, white hair, that is harry reid, the senate majority
are expecting to hear from republican leader mitch mcconnell, maybe even senate majority leader harry reid, as of now so far as we know there is no fiscal cliff deal, but negotiations primarily betweens those two men are going on even as we speak or between their staffs. we're hearing a new sense of optimism from some senate members who believe they might be able to pass some kind of minimalist package that would keep tax rates from going up on the majority of americans. i want to go to capitol...
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shown absolutely good faith in just that we're a part on some pretty big issues. >> that was harry reid, the senate majority leader representing the democratic side of things. from the sound of both men, it appears that they are at an impasse. and certainly not optimistic when it comes to trying to reach any kind of any negotiated settlement right now. 6 we'll continue to listen in here. >> who yields time? i want to bring in dana bash. does it sound like they've broken off all talks. they've said, okay, that's it, i've made my proposal, you've made yours, we're too far apart. >> i wouldn't say they've broken off all talks. but what i will say is that this is very, very bad news, a very bad sign. as you and i talked about at the top of the hour, it is, it is good news or a good sign when we don't, we in the media don't hear a lot of what's going on in private. when either side decides to come out and say that there is a major setback or there is a big problem, that's a big red flag. the fact is that the republican leader came out and he said he wants to dance. close to a deal. he just n
shown absolutely good faith in just that we're a part on some pretty big issues. >> that was harry reid, the senate majority leader representing the democratic side of things. from the sound of both men, it appears that they are at an impasse. and certainly not optimistic when it comes to trying to reach any kind of any negotiated settlement right now. 6 we'll continue to listen in here. >> who yields time? i want to bring in dana bash. does it sound like they've broken off all...
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. >> one last question, harry reid said if you can't put something by tonight, he will put a scaled down version of what the president has asked for with regard to tax cuts on the senate planned for of course that is raising taxes on everybody making above $250,000 a year. do you think, knowing your republican colleagues, that enough republicans will cross over the democratic side and allow that to pass, if -- even if it's 60 votes needed? >> you know, it's hard to say until we know exactly what might be in it. this -- this is what i would say about that. if that's where we end up and if he decides to move a bill onto the floor and maybe could pick up the house passed extension of all the rates, hr-8, as a vehicle for that he ought to open it up to the amendment process, give us an opportunity to debate some of these things that we think ought to be a part of t what he will more than likely do, if history is any guide in this, is take a bill and felt amendment tree and prevent republicans from having an opportunity to offer amendments. think we would welcome an opportunity to have a deba
. >> one last question, harry reid said if you can't put something by tonight, he will put a scaled down version of what the president has asked for with regard to tax cuts on the senate planned for of course that is raising taxes on everybody making above $250,000 a year. do you think, knowing your republican colleagues, that enough republicans will cross over the democratic side and allow that to pass, if -- even if it's 60 votes needed? >> you know, it's hard to say until we know...
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all of those have been on leader reid's desk, and my question is why would he let it sit there? when you have paperwork on your desk, and let's say this is your employee, and the paperwork is marked on the desk urgent and some hitting in may and august and why not take it up. >> plenty of blame to go around, but last week, and go back a week ago -- >> okay. >> and when john boehner came up with what i kept seeing the pictures of john boehner and president obama sitting together and very good picture and they are both good guys to come up with a plan, and john boehner came up with a plan that democrats would not enjoy the idea that taxes going up on people earning more than $1 million a year and not acceptable for most people, but he could not get members of his own caucus to agree to it, so it is not fair for the republicans to somehow suggest that we are here because of the democrats. i am not saying that the democrats had nothing to do with it, but you can't get your own act together, and the republicans and the democrats in the house can't get their act together. >> well, we
all of those have been on leader reid's desk, and my question is why would he let it sit there? when you have paperwork on your desk, and let's say this is your employee, and the paperwork is marked on the desk urgent and some hitting in may and august and why not take it up. >> plenty of blame to go around, but last week, and go back a week ago -- >> okay. >> and when john boehner came up with what i kept seeing the pictures of john boehner and president obama sitting...
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within the past hour, senate majority leader harry reid spoke on the floor. he really gave it to john boehner. he got pretty personal. >> he did. he really laid the blame at boehner's lap. talked about the fact that he was surprised that the house isn't even in session, which is true, but let's get real. the senate came back into session this morning. most importantly, he was very, very pessimistic about getting anything done before we reach that fiscal cliff. listen to what he said. >> the speaker just has a few d days left to change his mind, but i have to be very honest, mr. president. i don't know time wise how it can happen now. >> let me kind of lay out the state of play. i'll try to keep it out as much as possible. this is something everybody is focused on. the ball is in the senate's court right now. so what senator reid, who you saw earlier, and the president, what they are trying to figure out is whether or not they can craft what the president called a scaled-back bill, which is what he campaigned on. raising taxes for everybody making more than $2
within the past hour, senate majority leader harry reid spoke on the floor. he really gave it to john boehner. he got pretty personal. >> he did. he really laid the blame at boehner's lap. talked about the fact that he was surprised that the house isn't even in session, which is true, but let's get real. the senate came back into session this morning. most importantly, he was very, very pessimistic about getting anything done before we reach that fiscal cliff. listen to what he said....
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that's when senator reid has said he wants the vote to hap n happen. again, just to be clear, we don't think anything on the sequester will be in this deal at this point or the debt ceiling. those are other issues floating around. right now this deal seems more focused and small. let's listen to what the two senators were saying last night, sounding more optimistic. >> it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. it was a very serious meeting and it took an extended period of time, as you all know, waiting for us. >> mr. president, i would just add -- i share the view of the majority leader. we had a good meeting at the white house. we are engaged in discussions, the majority leader and myself and the white house, in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my congress and the majority leader can make to his. so we'll be working hard to try to see if we can ge there in the next 24 hours. and so i'm hopeful and optimistic. >>
that's when senator reid has said he wants the vote to hap n happen. again, just to be clear, we don't think anything on the sequester will be in this deal at this point or the debt ceiling. those are other issues floating around. right now this deal seems more focused and small. let's listen to what the two senators were saying last night, sounding more optimistic. >> it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. it...
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reid and mcconnell, they really are the focus in the senate. in the house, it's speaker john boehner. i've got to ask you, is his job on the line if republicans balk at any deal that's reached? >> no, not at all. speaker boehner is extremely strong. his conferences support him and knows that he's been in a tough position trying to negotiate the fiscal deal with the president. he's been doing this for weeks, month, working on this deal. and you know, they gave it a shot. they tried their best. the house, you know, house republicans wouldn't go for it. and said, you know, it's up to the senate. and once -- if the senate passes something, the house now will consider it. so i -- i do think that the speaker is in a very strong position. and besides, this is a very difficult job. i don't see many republicans standing up and wanting to take speaker boehner on. not many other people could do the job like speaker boehner is. >> i agree. i see you saying that. think about it, he didn't look good when plan b couldn't go to a vote. how can he be strong in
reid and mcconnell, they really are the focus in the senate. in the house, it's speaker john boehner. i've got to ask you, is his job on the line if republicans balk at any deal that's reached? >> no, not at all. speaker boehner is extremely strong. his conferences support him and knows that he's been in a tough position trying to negotiate the fiscal deal with the president. he's been doing this for weeks, month, working on this deal. and you know, they gave it a shot. they tried their...
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harry reid has hunls of bills bottled up. the idea that one bill is entitled, well, in fact, both the senator and i would love to have some things unbottled for an up or down vote. it's not the process or fair to divide america. >> i've got to run. to be continued. i hope you'll come back. thank you so much. thank you all for being here. i appreciate it. >>> up next, why neglecting rural america could be costly for everyone. later, the washington game that never gets old. >> kicking the can down the road. >> we're not going to address it by kicking the can down the road. >> kick the can down the road when it comes to solving the larger problem of our deficit. s, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your
harry reid has hunls of bills bottled up. the idea that one bill is entitled, well, in fact, both the senator and i would love to have some things unbottled for an up or down vote. it's not the process or fair to divide america. >> i've got to run. to be continued. i hope you'll come back. thank you so much. thank you all for being here. i appreciate it. >>> up next, why neglecting rural america could be costly for everyone. later, the washington game that never gets old....
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and mcconnell is waiting for reid to chime in. so this is a bit of a standoff right now and we are waiting to see who is going to blink. that's really the question, who is going to blink first and the fact is we just don't know. >> brianna keilar, thank you very much. >>> first, now they were only trying to buy bread and now over 100 people are dead after a bakery is bombed by war planes. we're live from the middle east as the violence in syria escalates. >>> and their job was to make people laugh, but that was before the newtown school shooting. >> he was one of the first responders to the scene. how are you? >> i'm doing okay. >> never in your life could you imagine you'd pull up to a scene so horrific. >> absolutely not. there are certain things that people just shouldn't see. >> how a connecticut morning radio show has become a way for listeners to heal. it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarka
and mcconnell is waiting for reid to chime in. so this is a bit of a standoff right now and we are waiting to see who is going to blink. that's really the question, who is going to blink first and the fact is we just don't know. >> brianna keilar, thank you very much. >>> first, now they were only trying to buy bread and now over 100 people are dead after a bakery is bombed by war planes. we're live from the middle east as the violence in syria escalates. >>> and their...
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let senators reid and mcconnell really resolve this together. and those are, as i said, two men who know how to work things out. speaker boehner stepping out of it at this point because he has not been able to produce a deal to date and it's not on his shoulders. and nancy pelosi is the one who's going to have to car ray lot of this weight if it gets anywhere in the house because she'll have to deliver a lot of votes. the president not at his maximum frustration level, i have to say, still seeming a little enthusiastic. >> jessica yellin, thanks so much. ken, i want to ask you, you're an expert on economic crises. yol want to have to use your expertise ever again. we're not going to a crisis, hopefully, as a result of this. what's your best advice in terms of keeping the economy on track? what's the best compromise everybody can come out with if they know it will help the economy? >> well, we'd like to see tax reform. we'd like to see washington do things like infrastructure, cut back on spending. it's dysfunctional. that's what's so dishearteni
let senators reid and mcconnell really resolve this together. and those are, as i said, two men who know how to work things out. speaker boehner stepping out of it at this point because he has not been able to produce a deal to date and it's not on his shoulders. and nancy pelosi is the one who's going to have to car ray lot of this weight if it gets anywhere in the house because she'll have to deliver a lot of votes. the president not at his maximum frustration level, i have to say, still...
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that was harry reid. you just saw -- what the two of them said was what we had learned from others about the meeting that is in the next 24 hours we may learn if there's going to be a deal and whether this will bleed into 2013. it's up to senator reid and mcconnell say, it's going to be something i can sell to my caucus and it's going to be something that he can sell to his and senator reid said, look, it's not going to be perfect. that much we knew already. 24 hours, those two men trying to come up with something that will not just pass their caucuses but passed by enough in the house to avoid this fiscal cliff. so we will keep you abreast of that again. we'll hear from the president at 5:45 eastern time. that's in about 15 -- 25 minutes. >>> despite what you might think, congress is getting some work done. today senate sent president obama a bill that reauthorizes eavesdropping on communications in search of possible terrorists. in doing so, lawmakers brushed away concerns about violating privacy. >> th
that was harry reid. you just saw -- what the two of them said was what we had learned from others about the meeting that is in the next 24 hours we may learn if there's going to be a deal and whether this will bleed into 2013. it's up to senator reid and mcconnell say, it's going to be something i can sell to my caucus and it's going to be something that he can sell to his and senator reid said, look, it's not going to be perfect. that much we knew already. 24 hours, those two men trying to...
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john boehner shot back saying that reid needs to talk less and legislate more. but really this comes down to working out, cobbling together something that can get support. president obama wants that tax cut threshold to be at $250,000. well, mitch mcconnell poured some cold water on that yesterday. so they need to come to some sort of agreement on where the threshold would be. we don't know what it would be yet in the senate. >> 250,000 for the democratic side and republicans couldn't even agree on a million. that's a $750,000 gap they have to close. let's hope they do that. thank you. >>> commanders in chief past and present paying tribute to retired general norman schwarzkopf this morning. the commander of coalition forces during the gulf war died yesterday at 78. schwarzkopf was the face of military briefings during the first cable news war. former president george h.w. bush who is hospitalized, said the general was a true american patriot, one of the great military leaders of this generation. >>> new york city police are looking for a woman who pushed a man
john boehner shot back saying that reid needs to talk less and legislate more. but really this comes down to working out, cobbling together something that can get support. president obama wants that tax cut threshold to be at $250,000. well, mitch mcconnell poured some cold water on that yesterday. so they need to come to some sort of agreement on where the threshold would be. we don't know what it would be yet in the senate. >> 250,000 for the democratic side and republicans couldn't...
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there's a good relationship between the white house and senator reid. there's been an open line of communication for the last few days, they've been discussing a proposal very much in the works. the issue here, drew, is that so far there's no discussion between senate democrats and senate republicans or the white house and senate republicans or the white house and senate democrats and house republicans and there needs to be agreement because the expectation, if something passes i will say this, if something manages to get through congress, it is going to require democratic and republican votes, so at some point, they all have to be talking and that still isn't happening at this point. >> briannna, thanks. seems like they should go to hawaii, sit on a beach and cool off. i guess you're coming back to d.c., thanks a lot. >> reporter: i am, thanks. >> that's the solution. that's the solution. >> could be. >>> nine minutes after the hour. other top stories we're learning more this morning about that sniper who killed two volunteer firefighters on christmas
there's a good relationship between the white house and senator reid. there's been an open line of communication for the last few days, they've been discussing a proposal very much in the works. the issue here, drew, is that so far there's no discussion between senate democrats and senate republicans or the white house and senate republicans or the white house and senate democrats and house republicans and there needs to be agreement because the expectation, if something passes i will say this,...
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. >> senator reid and mcconnell are working on such an agreement as we speak. but if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up-or-down vote, one that protects the middle class from an income tax hike, extends unemployment to the 2 million americans looking for a job and lays groundwork for more economic growth and deficit reduction. >> just moments ago, senator harry reid says he's readying a bill for a vote by monday. all this follows a rare face-to-face closed door meeting at the white house today between all the key players, the president, the vice president, the treasury secretary and all four congressional leaders huddled together with just four days to go before we all go overs fiscal cliff. that meeting lasted for an hour and five minutes. on a story where every second and every maneuver counts, let's get chief to white house correspondent jessica yellin. jessica, the president says he's modestly optimist being but each also presented a back
. >> senator reid and mcconnell are working on such an agreement as we speak. but if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up-or-down vote, one that protects the middle class from an income tax hike, extends unemployment to the 2 million americans looking for a job and lays groundwork for more economic growth and deficit reduction. >> just moments ago, senator harry...
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senator reid said a vote could happen on monday, but people have heard so much talk about the crisis but seen precious little action. the president tonight echoing that frustration. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is that in this town for some reason you can't get stuff done in an organized time table. why everything always has to wait until the last minute. well, we're now at the last minute. and the american people are not going to have any patience for a politically self-inflicted wound to our economy. >> but it remains to be seen whether lawmakers on both sides of the aisle get it. some even sounded miffed to have to work over the holiday. democrats senator charles schumer telling the "new york times," i didn't realize how much i didn't want to be here until i got here. and rand paul saying he would rather be playing soccer with his kids and telling the "times" quote, this is no way to run things. and wall street agrees, the dow industrial is losing more than 150
senator reid said a vote could happen on monday, but people have heard so much talk about the crisis but seen precious little action. the president tonight echoing that frustration. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is that in this town for some reason you can't get stuff done in an organized time table. why everything always has to wait until the last minute. well, we're...
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harry reid, the senate democratic leader is certainly very well-informed. he's kept apprised of what's going on just as the house speaker on the other side of the capitol is as well but these two men are probably hopefully going to work late into the night, maybe early in the morning to see if they can come up with some way to put this in real terms for americans, some way to avert the taxes for every american going up in a big way starting tomorrow night. >> so it's no burning the midnight oil for the senate because they're gone, and congress now, do we know? >> reporter: the senate has decided to formally -- the senate majority leader harry reid said about an hour ago that effectively there won't be any votes tonight. so the hope for getting a deal today that the senate can vote on which was the hope even going into the day, that's not going to happen. in fact, the house, they brought people back for a vote tonight just to have people here in case the senate could vote on something that they could send over to the house. none of that is going to happen ri
harry reid, the senate democratic leader is certainly very well-informed. he's kept apprised of what's going on just as the house speaker on the other side of the capitol is as well but these two men are probably hopefully going to work late into the night, maybe early in the morning to see if they can come up with some way to put this in real terms for americans, some way to avert the taxes for every american going up in a big way starting tomorrow night. >> so it's no burning the...
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Dec 29, 2012
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and i have asked senator reid to do this. put a bill on the floor that makes sure that taxes on middle class families don't go up. that unemployment insurance is still available for two million people. and that lays the ground work for deficit reduction and economic growth steps that we can take in the new year. but let's not miss this deadline. >> as for the leaders they sounded a bit more hopeful than the president. >> i think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. it is a very serious meeting and it would take an extended period of time as you know, waiting for us. >> i share the view of the majority leader. we had a good meeting down at the white house. we are engaged in discussions, the majority leader and myself and the white house, in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference, and the majority leader can make to his conference. and so we'll be working hard to try to see if
and i have asked senator reid to do this. put a bill on the floor that makes sure that taxes on middle class families don't go up. that unemployment insurance is still available for two million people. and that lays the ground work for deficit reduction and economic growth steps that we can take in the new year. but let's not miss this deadline. >> as for the leaders they sounded a bit more hopeful than the president. >> i think it was a very positive meeting. there was not a lot of...
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Dec 27, 2012
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president. >> we're going to step away from harry reid. you kind of get the gist of what he's saying. he's blaming the republican john boehner for the stall in talks on fiscal cliff. dana bash is our congressional correspondent. it just seems like this is the blame game. the house speaker would blame the president, the senate majority leader would blame the house speaker. who is to blame in all this? >> everybody is, carol. it's the blame game. i'm a little surprised at how personal harry reid just got in going after the speaker. it is true that things have clearly broken down, that goes without saying, and that the democrats were not happy that maybe a week and a half ago the speaker pulled out of talks with the president after they had reached a pretty good amount of progress. but the fact that he called the speaker a dictator and in the next breath said he's worried about his job, it's a little contradictory, but very personal. let me give you a little bit of a reality check. that is it is true that the house is not in session. they wil
president. >> we're going to step away from harry reid. you kind of get the gist of what he's saying. he's blaming the republican john boehner for the stall in talks on fiscal cliff. dana bash is our congressional correspondent. it just seems like this is the blame game. the house speaker would blame the president, the senate majority leader would blame the house speaker. who is to blame in all this? >> everybody is, carol. it's the blame game. i'm a little surprised at how personal...
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Dec 28, 2012
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senator reid himself said that they did not discuss that. and it seems to be that that is an indication, at least to republicans here on capitol hill, that it is the president's move next to make more clear what jessica is talking about. that the president has said publicly, he wants to do as kind of that stopgap, scaled down version. in fact, mitch mcconnell himself said in the hallway, just moments ago, that he does expect to go to the white house, as jessica just alluded to. he expects to do that tomorrow. they haven't gotten a formal invitation tomorrow. there's no time set for this meeting tomorrow, but mitch mcconnell says he does expect to go. and so that really does speak to the next move, tomorrow. >> well, that is good news. that is good news, senator mcconnell going to the white house tomorrow, hopefully. but i'm going to ask you about the house of representatives, dana. right now they've been called back to washington, not until sunday, december 30th. now, 48 hours before the fiscal cliff goes over, is that really enough time to
senator reid himself said that they did not discuss that. and it seems to be that that is an indication, at least to republicans here on capitol hill, that it is the president's move next to make more clear what jessica is talking about. that the president has said publicly, he wants to do as kind of that stopgap, scaled down version. in fact, mitch mcconnell himself said in the hallway, just moments ago, that he does expect to go to the white house, as jessica just alluded to. he expects to do...
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Dec 30, 2012
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you know, what's going on here appears to be that senator reid, the democratic leader is playing bad cop and joe biden is playing good cop. he certainly has a long history of talks and bipartisan negotiations with mitch mcconnell. i want to, over the past hour, we have spoken to two republican senators, i wanted to talk to claire mccaskill, thanks very much for joining us, they just ended their almost two-hour meeting, martin, two hours, what was going on in there behind those door? >> i know you will be shocked to hear that a lot of senators wanted to talk. >> that is shocking. >> everyone wanted to have their same i think the consensus is that we all still want to try to get a deal but some of us are very discouraged that what appears to be on the table now doesn't really do anything to reduce the deficit and this was all supposed to be an exercise in bringing down our deficit and our long-term debt and where we are right now, it doesn't appear that we are getting that done and even more importantly, it appears that republicans are still trying to protect the tippy top as opposed t
you know, what's going on here appears to be that senator reid, the democratic leader is playing bad cop and joe biden is playing good cop. he certainly has a long history of talks and bipartisan negotiations with mitch mcconnell. i want to, over the past hour, we have spoken to two republican senators, i wanted to talk to claire mccaskill, thanks very much for joining us, they just ended their almost two-hour meeting, martin, two hours, what was going on in there behind those door? >> i...
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i assume you agree if harry reid and mitch mcconnell put it on the floor and there's a vote, it will pass the senate despite your objection? >> i think it will pass with bipartisan support in the senate. the house is more unpredictable, but once democrats sign onboard in the house, it should pass as well. it's going to require democrats and republicans probably in both bodies in order to pass. i personally don't like it because i think we're kicking the can down the road and we aren't addressing the real crisis in the country which really, to tell you the truth, was not the fiscal cliff that everybody is talking about. it's a debt crisis where we're spending over a trillion each year that we don't have, where we now owe more per person than they do in greece. in some measurements we're worse off than greece now, and this deal will do nothing to help reduce the deficit. >> happy new year to you and everyone out there. thank you for joining us. pass along my best regards to your dad as well. >>> ali velshi is still with us. i know you disagree strongly with some of the comments that we
i assume you agree if harry reid and mitch mcconnell put it on the floor and there's a vote, it will pass the senate despite your objection? >> i think it will pass with bipartisan support in the senate. the house is more unpredictable, but once democrats sign onboard in the house, it should pass as well. it's going to require democrats and republicans probably in both bodies in order to pass. i personally don't like it because i think we're kicking the can down the road and we aren't...
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Dec 29, 2012
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just how much all this would cost going into senator reid's office and then that payment heading over to the republican side. manila envelopes changing hands. so all that is a good sign that there are discussions and progress being made, at least they are talking, don. things could be worse. >> okay. so this may be a little bit redid you know danlt, but i want you to go in specifically for me. president obama says he wants another plan put to a vote if the senate fails to come up with a plan. so what is the president's plan, and will republican leaders let that happen? >> well, okay. so senate majority leader harry reid, a democrat, has crafted an alternative proposal that he has -- saying he will put -- if the negotiations i just described fail and if the senators cannot come to a bipartisan agreement, then the democratic leader is going to put on the floor a democratic proposal that would extend tax rates for households that make $250,000 and less. hatch the alternative minimum tax and extend unemployment insurance. so that's a democratic proposal. the problem with that is, you can
just how much all this would cost going into senator reid's office and then that payment heading over to the republican side. manila envelopes changing hands. so all that is a good sign that there are discussions and progress being made, at least they are talking, don. things could be worse. >> okay. so this may be a little bit redid you know danlt, but i want you to go in specifically for me. president obama says he wants another plan put to a vote if the senate fails to come up with a...
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we've heard harry reid say several times today, we know what this is about. boehner is gone because he's waiting until he he gets re-elected as speaker on the 3rd. but truth tell both of those for me. are those justifiable concerns on either side? >> reporter: yes, they are actually justifiable political concerns on both sides. approximate both of those men are truth telling to a certain extent. not so much about boehner wanting to be re-elected but as we talked about before, the fact that after december 31st, what happens is everybody's taxes go up so house republicans when they take a vote -- if they take a vote after january 1st, that vote will be to cut taxes which is a very different political vote than voting to effectively raise taxes. so the -- harry reid is right about that when it comes to house republicans. and republicans are right that the president doesn't really think that he's going to get much political fault and damage if we go off the fiscal cliff because all the polls show a majority of americans will probably blame republicans for not pas
we've heard harry reid say several times today, we know what this is about. boehner is gone because he's waiting until he he gets re-elected as speaker on the 3rd. but truth tell both of those for me. are those justifiable concerns on either side? >> reporter: yes, they are actually justifiable political concerns on both sides. approximate both of those men are truth telling to a certain extent. not so much about boehner wanting to be re-elected but as we talked about before, the fact...
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we will see if that ultimately is what senate majority leader reid rolls out. as of this point in time, we're expecting this to be a limited measure to deal just really with the fiscal cliff, which was supposed to be appear incentive to deal with the long-term fiscal health of the country. not part of this, obviously looking at a big package. >> can you do this even if everything goes right? getting through the two houses. i don't think the house is anywhere near -- they couldn't get a million collars for the cap of the tax rates expiring. so what is the position of the white house aides and the people are you talking to there in terms much getting a deal done? >> well, the difference would be, and when you remember plan "b" failed. it failed to garner enough support among republicans to pass the house. the expectation is this would be a measure to require democratic support in the house which speaker boehner was not relying on then. you look at this lo the judgically, this is entirely possible to get through congress, the issue is, it is politically possible t
we will see if that ultimately is what senate majority leader reid rolls out. as of this point in time, we're expecting this to be a limited measure to deal just really with the fiscal cliff, which was supposed to be appear incentive to deal with the long-term fiscal health of the country. not part of this, obviously looking at a big package. >> can you do this even if everything goes right? getting through the two houses. i don't think the house is anywhere near -- they couldn't get a...
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Dec 31, 2012
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the negotiations between harry reid and mitch mcconnell hit an impasse. mcconnell called biden. they were apparently able to break that impasse by reasoning together. that's the way our democracy works at the end of the day, when it works, people being reasonable in a room together based on a reservoir of trust. and that's an asset biden brings to the table. >> john, you talk about being reasonable, you would think that congress, a room full of lawmakers, they know how to negotiate, they know how to take baby steps so each side at least feels they're getting a little bit of what they want. can -- why did they have to call biden in at the last minute? why didn't they call him earlier? why are we here today on the last day of december? why couldn't this have been done weeks ago? >> deb, we're here at the last day of december in the final hours because of a culture of division and dysfunction in washington, d.c. and it didn't happen overnight. it has been created over a long time, because the polarization of the two parties, the system of redistricting that reduced the number of sw
the negotiations between harry reid and mitch mcconnell hit an impasse. mcconnell called biden. they were apparently able to break that impasse by reasoning together. that's the way our democracy works at the end of the day, when it works, people being reasonable in a room together based on a reservoir of trust. and that's an asset biden brings to the table. >> john, you talk about being reasonable, you would think that congress, a room full of lawmakers, they know how to negotiate, they...
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Dec 29, 2012
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that's where harry reid will be starting things today. he also is planning to include an extension of unemployment benefits. the unemployment benefits actually run out today. that fiscal cliff we've already reached. that is going to be in this starting point deal. now, things we're less clear on. for example, the budget cuts that are impending for most of government, and also the debt ceiling. those are two items that we think may not be in a deal. may be kicked down the road. either those budget cuts will hit and will last, or there will be a different fix later. that's where things seem to be right now, but those are a little bit more up in the air. >> lisa, does that extension for tax cuts for everyone over $250,000, is that for households or for individuals? >> that $250,000 is for individuals. >> okay, okay. i see. so how long do lawmakers have to make a deal at this point? >> right. i just want to make sure we're clear. they want to extend the tax cuts for people whose family income is under $250,000. so people making above that wou
that's where harry reid will be starting things today. he also is planning to include an extension of unemployment benefits. the unemployment benefits actually run out today. that fiscal cliff we've already reached. that is going to be in this starting point deal. now, things we're less clear on. for example, the budget cuts that are impending for most of government, and also the debt ceiling. those are two items that we think may not be in a deal. may be kicked down the road. either those...
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president obama meets with four congressional leaders, boehner, pelosi, reid, and o'connell. the rhetoric getting more angry and disconnected in final moments. i want to bring in michigan senator debbie stabenow now. thank you so much for being with us. >> sure. >> it really is disconnected. everywhere i go, people ask me a simple question. why can't they get this deal done? harry reid got up and said we're just procedurally not going to get this done in time, it caused people to say why not? this is the most anticipated problem we've ever had. it just -- regular folks folks look at washington and say what is going on. >> ali, i'm here and saying what is going on. there are basically three pieces to solving the deficit, right? one is spending and we have agrowed to $1.6 trillion in spending cuts in the last two years and the other is spending cuts. we put forth spending cuts of over $700 billion. not cutting care to seniors, but cutting overpayments to insurance companies. the burden of the deficit must not just be on the middle class. the wealthy have to kick in. we sent a b
president obama meets with four congressional leaders, boehner, pelosi, reid, and o'connell. the rhetoric getting more angry and disconnected in final moments. i want to bring in michigan senator debbie stabenow now. thank you so much for being with us. >> sure. >> it really is disconnected. everywhere i go, people ask me a simple question. why can't they get this deal done? harry reid got up and said we're just procedurally not going to get this done in time, it caused people to...
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let's listen to harry reid. he is not happy about the house and being away. he is the top senate democrat. >> we are here in washington working. we have the house of representatives out watching movies and watching their kids play soccer and basketball and doing all kinds of things. they should be here. >> here's a reality. reid said it's beginning to look to him as though we will plunge over the cliff come tuesday. they are keeping an eye on washington to see what develops. since it looks as though we are headed for higher taxes, i want to bring in terry savage, a personal finance expert for the chicago sun times. terry, let's walk through the higher taxes. we heard little class families are likely to lose $2,000 a year. you break it down this way for single earners making $85,000 a year if their take home pay is $2500 every two weeks. when the higher taxes kick in, they will see their pay go down $120. that's not a little. we are taking a major hit. >> this is big money. almost $400 a month. when you add up a couple of biweekly paychecks. i have numbers fro
let's listen to harry reid. he is not happy about the house and being away. he is the top senate democrat. >> we are here in washington working. we have the house of representatives out watching movies and watching their kids play soccer and basketball and doing all kinds of things. they should be here. >> here's a reality. reid said it's beginning to look to him as though we will plunge over the cliff come tuesday. they are keeping an eye on washington to see what develops. since...
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senator reid is not here yet. it does seem like the republicans are perhaps either working with other republicans or working out the details of this possible deal. i think we're in the real working hours right now, and perhaps the less said by these major players at least for the moment, the better. >> the yes, well, let's hope that's the case. jessica, both sides still seem to be aways from what they want and everyone seems to be saying no one is going to get 100% of what they want, right? >> it's a compromise. everybody knows that at this point. i know the staffs of the two leaders are in touch and contacting each other trying to get closer. i can tell you what democrats want is, as you know and the president has made clear, a tax increase for people who make households that make $250,000 and more. an extension of unemployment benefits that affects some 2 million americans or so, a delay in those massive spending cuts that congress put into a package a year ago. increase in the estate tax. now, what do republica
senator reid is not here yet. it does seem like the republicans are perhaps either working with other republicans or working out the details of this possible deal. i think we're in the real working hours right now, and perhaps the less said by these major players at least for the moment, the better. >> the yes, well, let's hope that's the case. jessica, both sides still seem to be aways from what they want and everyone seems to be saying no one is going to get 100% of what they want,...
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president, there in the middle, democrats nancy pelosi and harry reid. republicans mitch mcconnell and john boehner. those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. and we expect them to enter through a side door on the west side of the mansion. that's the entrance right there. and they'll meet with the president. in the oval office. beginning, we're told, at 3:00 p.m., less than one hour from now. and just four days ahead of the so-called fiscal cliff. so a very big moment in the nation's capital. and to walk us through what might happen we turn to jessica yellin, a chief white house correspondent. jessica, we said up front, it is a long shot, give us a best case scenario. >> reporter: the best case scenario would be that all the leaders walk out of this meeting and say they have a deal. the two senators say they can bring it to a vote, and none of their members will filibuster it. house speaker john boehner says he will bring it
president, there in the middle, democrats nancy pelosi and harry reid. republicans mitch mcconnell and john boehner. those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. and we expect them to enter through a side door on the west side of the mansion. that's the entrance right there. and they'll meet with the president. in the oval office. beginning, we're told, at 3:00 p.m.,...
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>> well, you just heard from senator reid he's pessimistic. i told you he's probably one of the biggest pes mists on the planet but i think in this particular case he has good reason to be pessimistic. the one thing that i think is important to also note is that what reid is telling people privately, i'm told, is that he doesn't want to bring anything up for a vote unlil he is sure it will pass both houses of congress and one of the reasons for that is a political one. he knows republicans won't want to take a vote to effectively increase taxes for that reason, to say i did it because i want to make sure most americans kept their tax cuts in place but also because of the markets. they really feel here if they take a failed vote and we still go over the fiscal cliff it will make the market reaction even worse than it would be if the fiscal cliff just happens which is not going to be a good scene probably. >> dana, that ing you very much. we'll be back with you in a half hour. >>> the adupgs of a russian child was almost complete. now an america
>> well, you just heard from senator reid he's pessimistic. i told you he's probably one of the biggest pes mists on the planet but i think in this particular case he has good reason to be pessimistic. the one thing that i think is important to also note is that what reid is telling people privately, i'm told, is that he doesn't want to bring anything up for a vote unlil he is sure it will pass both houses of congress and one of the reasons for that is a political one. he knows...
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sources tell us majority leader harry reid will be pushing a scaled back version of the fiscal cliff package that president obama laid out last week. it moved the tax hike needle to $400,000 per household. no word yet on when the house might come back with time ticking away. democrats are hoping that a scaled back plan could get through the house, senate and white house before that big ball drops on 2013. that would be sometime on december 30th or even on new years eve. we want to bring in jonathan allen. he's a senior national correspondent for politico. the top headline on politico is fiscal cliff deal increasingly unlikely. i think a lot of people are feeling that pessimism right now. what are you hearing? >> well, i think what you've got here, alena, is a nash equilibrium to borrow from economic theory and game theory. each of the players believe they are pursuing their optimal strategies given the strategies of the other players and there's no reason to change it. i think as observers of this, the american public, you can say there's a real reason to change it. in terms of the p
sources tell us majority leader harry reid will be pushing a scaled back version of the fiscal cliff package that president obama laid out last week. it moved the tax hike needle to $400,000 per household. no word yet on when the house might come back with time ticking away. democrats are hoping that a scaled back plan could get through the house, senate and white house before that big ball drops on 2013. that would be sometime on december 30th or even on new years eve. we want to bring in...
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harry reid and the senate seem to be the only game in town right now with the senate returning today. we also know from sources, ali, that over this christmas break there were no conversations between the president and top-level republicans. sources from both parties are telling us they are watching the senate, especially the democratic leadership in the senate. we also know yesterday house republicans came out with a statement saying that he will act only after the u.s. senate acts. we're not sure what the senate will do, as you say, we're expecting that smaller deal. what exactly will they vote on? perhaps something that will erase tax hikes for most but not all americans. there could be some money in there for unemployment benefits. they're cobbling all of that together today. all eyes again on the senate, as you say. an let's look at what's going to happen today. 10:00 a.m., that's when the senate comes into session, 10:00 a.m. 11:30 is when president obama returns from hawaii. so we expect many conversations after the president returns. then we have those five days, ali, as you s
harry reid and the senate seem to be the only game in town right now with the senate returning today. we also know from sources, ali, that over this christmas break there were no conversations between the president and top-level republicans. sources from both parties are telling us they are watching the senate, especially the democratic leadership in the senate. we also know yesterday house republicans came out with a statement saying that he will act only after the u.s. senate acts. we're not...
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Dec 25, 2012
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the white house is talking about senate democrats about what senate majority leader harry reid will have to cobble together when the senate reconvenes on the 27th and that's really the last-ditch effort. it's seen as the senate trying to do something that can also pass the house, so this is exactly what you would expect. the real problem though is as of this morning, just a week out from when the fiscal cliff is expected to hit. there's no discussions between congressional democrats and congressional republicans even on the staff level. this is what democratic and republican sources are telling me, and overall just to remind people, instead of this being -- here's what we expect. instead of this being some big bill to try to deal with the long-term fiscal health of the country which is what the fiscal cliff was supposed to be an incentive to do, we're expecting now that this is just some measure to avert the fiscal cliff which is the tax hikes, the spending cuts, each if they deal with the spending cuts and we're waiting to see what the measure will look like. i know what a hard-hitting
the white house is talking about senate democrats about what senate majority leader harry reid will have to cobble together when the senate reconvenes on the 27th and that's really the last-ditch effort. it's seen as the senate trying to do something that can also pass the house, so this is exactly what you would expect. the real problem though is as of this morning, just a week out from when the fiscal cliff is expected to hit. there's no discussions between congressional democrats and...
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we heard from senator reid yesterday that they are very far apart. not just talking on the threshold, initially president obama said $250 mi,000. there is talk to bumping that to $400,000. republicans want to know how we pay for it. there are farm subsidies, the doc fix. and spending cuts. so there is a lot to be resolved here in the next few hours. >> too bad we only found out about this, you know, yesterday or the day before. 517 days they've had to work out the details and now we're talking about them all. brianna, we'll be busy today and may be ringing in the new year together. brianna keilar in washington. >>> a ball dropping in washington, a ball dropping in times square it looks like we'll go off the fiscal cliff. here's what it means to you. your paycheck will shrink. the payroll tax holiday is likely going away, for someone making $50,000 a year, it means $80 out of your paycheck. taxes will rise for 90% of americans by about 2,000 a year for those making between $40,000 and $60,000. making six figures? taxes go up by $13,000 if congress doe
we heard from senator reid yesterday that they are very far apart. not just talking on the threshold, initially president obama said $250 mi,000. there is talk to bumping that to $400,000. republicans want to know how we pay for it. there are farm subsidies, the doc fix. and spending cuts. so there is a lot to be resolved here in the next few hours. >> too bad we only found out about this, you know, yesterday or the day before. 517 days they've had to work out the details and now we're...
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the eagles let go of their winningest head coach yesterday andy reid. he was the head man for 14 seasons going 130-93-1. the eagles went to the super bowl while reid was the head coach in 2005, losing to the the new england patriots. other coaches fired, romeo crennel. the buffalo bills parted ways with chan gailey who went 16-32. ken whooizizzen hunt was relievf his duties. the cleveland browns parted way with pat shurmur. and the chargers fired norv turner. >> besides those seven coaches, five nfl general managers also lost their jobs on black monday. the next hour of cnn newsroom begins after a short break. >>> happening now in the newsroom, happy 2013. from the east to the west, america rings in the new year. it's a time of new hope, new optimism and a visit from kathy griffin. >> someone on twitter was saying there was a drinking game every time i giggle nervously. >> who is calvin harris? >> okay, grandma. >> from the giggles to the glitter e ball, highlights and low lights from the fwig night. >>> and private pot party. a new year and a new place
the eagles let go of their winningest head coach yesterday andy reid. he was the head man for 14 seasons going 130-93-1. the eagles went to the super bowl while reid was the head coach in 2005, losing to the the new england patriots. other coaches fired, romeo crennel. the buffalo bills parted ways with chan gailey who went 16-32. ken whooizizzen hunt was relievf his duties. the cleveland browns parted way with pat shurmur. and the chargers fired norv turner. >> besides those seven...
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Dec 25, 2012
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right now it's really up to senate majority leader harry reid to try to cobble something together that can get some republican support in the senate and the house to avoid the fiscal cliff. we are one week away from it, as you mentioned, and republicans are not even part of the discussions, both in the senate and in the house, and at this point they are certainly maybe having a working christmas. senate democrats and republicans, but i think it's interesting just to kind of recap what's going on here. before president obama and house speaker john boehner were working on a much bigger package obviously, not just to avoid the fiscal cliff but to try and tackle the long-term fiscal health of the country, trying to overall it was expected to raise some taxes, try to deal with entitlement reform and tax reform, those other big things like entitlement reform and tax reform get kicked into the new year, dana, so it's the gift that keeps on giving on this cli clifftmas. >> taking this pretty far. one of the key questions is whether or not senate democratic leader harry reid will be able to get
right now it's really up to senate majority leader harry reid to try to cobble something together that can get some republican support in the senate and the house to avoid the fiscal cliff. we are one week away from it, as you mentioned, and republicans are not even part of the discussions, both in the senate and in the house, and at this point they are certainly maybe having a working christmas. senate democrats and republicans, but i think it's interesting just to kind of recap what's going...
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Dec 31, 2012
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senator reid shut put a bill the on the senate floor and let the american people see the process. not another deal cut behind closed doors. why aren't we on the senate floor debating the issues and bringing forth amendments and having them voted up or down? that's the way democracy is supposed to work, and that's what i would like to see happen today in the united states senate. >> senator tom harkin of the other aisle had this to say earlier this morning. i want to get your take on this. >> if we're going to have some kind of a deal, the deal must be one that really does favor the middle class, the real middle class, those that are making 30,000, 50,000, 60,000, 70,000 a year. that's the real middle class in america. as i see this thing developing, quite frankly, as i've said before, no deal is better than a bad deal. this looks like a very bad deal the way it's shaping up. >> would you be willing? do you agree with him, that no deal is better than a bad deal if this is not the kind of deal you would sign onto? >> i think that senator harkin's speech really points out how divided
senator reid shut put a bill the on the senate floor and let the american people see the process. not another deal cut behind closed doors. why aren't we on the senate floor debating the issues and bringing forth amendments and having them voted up or down? that's the way democracy is supposed to work, and that's what i would like to see happen today in the united states senate. >> senator tom harkin of the other aisle had this to say earlier this morning. i want to get your take on this....
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Dec 31, 2012
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the white house is in constant contact with the democratic leader harry reid. and they're working towards some kind of an agreement. but the white house has all along had -- during these past few days, been somewhat hopeful that they could reach some kind of agreement in the senate. all along, they have been far less optimistic that there would be an agreement that can get through the house. only because from the white house's perspective, from democrats' perspective broadly, they've been let down time and again by speaker boehner. they've never been able to reach a deal with speaker boehner. and now with this news that the house is going to be breaking for the evening, it does look like that might happen again. now, there's one reason, wolf, why they are filling this package with measures that could appeal to democrats, not just, as you mentioned, increasing, letting taxes for the highest income earners go to clinton rates. also extending unemployment benefits. but also it includes tuition credits and tax credits for kids because these are designed to woo demo
the white house is in constant contact with the democratic leader harry reid. and they're working towards some kind of an agreement. but the white house has all along had -- during these past few days, been somewhat hopeful that they could reach some kind of agreement in the senate. all along, they have been far less optimistic that there would be an agreement that can get through the house. only because from the white house's perspective, from democrats' perspective broadly, they've been let...
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Dec 24, 2012
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senate minority leader harry reid has the task of trying to conjure up something that might be able to pass the house in addition to the senate publicly. the white house is saying they want tax rates to remain in effect for those making up to $250,000 per year, but it's unclear if that's something. very unclear, very unquestioned that house republicans could swallow that. we're hearing aing you significant possibility we go over the fiscal cliff. >> absolutely. both sides are saying that. you play thad sound bite from john baroso, saying it's politically expedestrianent for the president to go off the fiscal cliff. but both sides are saying, you know what? maybe it's better to go off the cliff. politically, members of congress will have to vet on tax cuts as opposed to now which are tax increases which are much harder to take. >> that's right. because the tax hikes will happen whether or not congress acts, so the school of thought here is that if republicans and temp kratz were to allow this just to happen, then they could vote for infect only tax cuts, not be on the record voting for
senate minority leader harry reid has the task of trying to conjure up something that might be able to pass the house in addition to the senate publicly. the white house is saying they want tax rates to remain in effect for those making up to $250,000 per year, but it's unclear if that's something. very unclear, very unquestioned that house republicans could swallow that. we're hearing aing you significant possibility we go over the fiscal cliff. >> absolutely. both sides are saying that....
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Dec 24, 2012
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senate majority leader harry reid has to cobble together something to get support from some republicans in the senate and also from the house in order to aavert this fiscal cliff. the white house right now is saying they want the threshold for the income tax rates at a quarter million dollars. that might be difficult to get republican support on that, so we'll see if that changes, suzanne. >> do we expect that the president is going to come back early from his hawaii vacation if anything happens on the senate side? clearly, he could get things done from hawaii as well, but it could be at least symbolically for him to return to washington. >> reporter: definitely. we expect that he will be heading back to washington, d.c. he was supposed to be here through the new year. i will tell you nothing is official on the schedule that he's definitely going back to d.c., but the sense you get from the white house is that it's more an issue of when and not if. if there is a bill that goes through the senate, the president will have to be there in order to perhaps twist some arms and certainly the o
senate majority leader harry reid has to cobble together something to get support from some republicans in the senate and also from the house in order to aavert this fiscal cliff. the white house right now is saying they want the threshold for the income tax rates at a quarter million dollars. that might be difficult to get republican support on that, so we'll see if that changes, suzanne. >> do we expect that the president is going to come back early from his hawaii vacation if anything...
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Dec 24, 2012
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senate majority leader harry reid has the task of trying to cobble something together that could get republican support in the senate and of course, also, some republican support in the house in order for this to pass congress. the white house has gone back to s bargaining position of wanting tax rates to expire for those over $250,000 a year. it seems unlikely that republicans would sign on to something like that, making it a significant possibility, hearing from democrats and republicans, we could go over this fiscal cliff, alina. >> brianna, you talk about cobbling together a last-minute deal. the president admits there will be no grand bargain at this point. if there is something sort of cobbled together at the last minute, are you getting an indication the president would come back from hawaii early? >> reporter: i think that's the expectation. officially, he's supposed to be here through the new year, but folks at the white house are pretty honest about the fact that he likely will be returning to washington around the time the senate reconvenes. it's really just a matter of wh
senate majority leader harry reid has the task of trying to cobble something together that could get republican support in the senate and of course, also, some republican support in the house in order for this to pass congress. the white house has gone back to s bargaining position of wanting tax rates to expire for those over $250,000 a year. it seems unlikely that republicans would sign on to something like that, making it a significant possibility, hearing from democrats and republicans, we...
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Dec 26, 2012
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a democratic source who said right now what they had to figure out, victor, is whether or not harry reid working with the white house on this can get enough votes from republicans to cross party lines for even a scaled back measure, which the president laid out in general on friday, would just be to keep americans' taxes where they are for those making $250,000 or less. and to do a couple of other things, unemployment benefits, maybe, maybe extend the estate tax cut, which is -- which is also going to run out, but, again, they're not even -- the senator won't even consider doing this, i'm told, unless he's sure they'll get through the senate and the house because politically they don't think there is any reason for congress to take votes that are just going to fail. also, they that i it will be bad for the markets, even worse for the markets to have failed votes and then go off the fiscal cliff. >> so the idea that john boehner is even having this conference call, discussing the possibility of bringing the house back into order, is that an indication that he's optimistic that there will
a democratic source who said right now what they had to figure out, victor, is whether or not harry reid working with the white house on this can get enough votes from republicans to cross party lines for even a scaled back measure, which the president laid out in general on friday, would just be to keep americans' taxes where they are for those making $250,000 or less. and to do a couple of other things, unemployment benefits, maybe, maybe extend the estate tax cut, which is -- which is also...
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Dec 28, 2012
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harry reid saying the u.s. is going over the cliff. consumer confidence numbers are down. markets are roiled, and it's not surprising people are worried. but now factor in as tim geithner said that the debt ceiling would be reached by the end of the year. $16.4 trillion. extraordinarily measures. now, what does extraordinary measures mean? suzanne, i'll tell you. it means literally robbing peter to pay paul. shifting the money around. so that you can actually keep paying the bills before you hit the ceiling. all in all, i can't remember an end of a year, suzanne, when we've had two so serious issues affecting the u.s. economy all at the same time. >> it is worrisome. i wonder, richard, do we have any sense of how the markets, the global markets, are even reacting to the potential, the possibility that we'd go over the cliff? >> reporter: yes. at the moment, it is quite clear they are holding their nose from the stench of politics, and they are believing that politicians will do the right thing. i was talking to one u.s. congressman today. in fact, you must have talked to s
harry reid saying the u.s. is going over the cliff. consumer confidence numbers are down. markets are roiled, and it's not surprising people are worried. but now factor in as tim geithner said that the debt ceiling would be reached by the end of the year. $16.4 trillion. extraordinarily measures. now, what does extraordinary measures mean? suzanne, i'll tell you. it means literally robbing peter to pay paul. shifting the money around. so that you can actually keep paying the bills before you...
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Dec 26, 2012
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harry reid is there. let's hope that they get there and for the sake of the country for the sake of our stability of our fiscal well, they get together on a plan that works. nobody will get 100% of what they want. hopefully somebody -- we get enough of what we want to keep the wheels turning. >> ana, do you think speaker boehner's leadership is suffering while this crisis continues? >> you know, i think a little bit of both to be honest with you. certainly he tried to get something from his caucus last week. that didn't work. that was not a strong moment for him. it was a moment of weakness. but at the same time, i think he looks like he's really trying. and it also paints the picture and makes it obvious that, you know, he's not just negotiating with president obama. he also has to then come back and sell to his own people, sell to his own caucus, which at points may be even more difficult than negotiating with the white house. so it tells us all just how complex a situation we are dealing with. >> now,
harry reid is there. let's hope that they get there and for the sake of the country for the sake of our stability of our fiscal well, they get together on a plan that works. nobody will get 100% of what they want. hopefully somebody -- we get enough of what we want to keep the wheels turning. >> ana, do you think speaker boehner's leadership is suffering while this crisis continues? >> you know, i think a little bit of both to be honest with you. certainly he tried to get something...
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Dec 24, 2012
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and senate majority leader harry reid, it is up to him, really, to cobble together something that can get some of that support. right now the white house is still supporting a threshold of $250,000 back to their initial starting point for tax rates going up for those making more than that. but you can imagine, hala, that's going to be very hard for some republicans, maybe even some democrats to sign on to. >> right. and for just about a week ago, it was common to hear a deal will be hammered out. over the last several days we're hearing more and more that potentially this is a reality for americans in eight days' time. your sources in the administration, is there a real concern among some of the people you're speaking with that indeed this fiscal cliff will become a reality? >> i thi >> reporter: i think there is much more of a concern. a couple of weeks ago, you talk to folks not only in the administration but on the hill, there was a thought that this may be averted. now i do think there is more pessimism. you're hearing that publicly, hala. that's also what is going on behind the s
and senate majority leader harry reid, it is up to him, really, to cobble together something that can get some of that support. right now the white house is still supporting a threshold of $250,000 back to their initial starting point for tax rates going up for those making more than that. but you can imagine, hala, that's going to be very hard for some republicans, maybe even some democrats to sign on to. >> right. and for just about a week ago, it was common to hear a deal will be...